Kettle Foods sale likely

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Kettle Foods could be put up for sale this autumn for $700m (&pound;440m). Owner Lion Capital, which also owns Weetabix and the Wagamama chain, bought the firm in 2006 for $270m but since then the brand, which makes the upmarket Kettle Chips, has become more popular. Lion is preparing to consult NM Rothschild bankers.